QBE Insurance Group Limited
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of QBE Insurance Group Limited generated cash of $1,503,000,000, which is less than the previous year. Cash used in financing activities reached the amount of -$498,000,000 last year. Net change in cash is therefore $533,000,000.
Cash Flow
| 2014 | 249M | -462M | -142M |
|---|---|---|---|
| 2015 | -15.53M | 245.70M | -376.81M |
| 2016 | 545M | 158M | -555M |
| 2017 | 172.83M | 298.44M | -724.50M |
| 2018 | -465M | 1.70B | -915M |
| 2019 | 1.80B | -1.08B | -995.86M |
| 2020 | 1.23B | -2.16B | 1.19B |
| 2021 | 2.75B | -2.77B | 101M |
| 2022 | 2.79B | -1.97B | -778.79M |
| 2023 | 1.50B | -428M | -498M |
QBIEY Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 833M | 769.82M | 766M | 547M | 862.16M | 572M | 900.97M | 662M | 620.89M | 1.23B |
Operating activities | ||||||||||
Net income | 1.35B | 578.67M | 0 | 0 | 577.88M | 390M | -1.21B | 844M | 667.20M | 742M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 193M | 168.57M | 0 | 0 | 203.42M | 0 | 118.57M | 0 | -139.84M | 0 |
Stock-based compensation expense | 0 | 39M | 0 | 0 | 38M | 0 | 39M | 0 | 59M | 0 |
| Deferred income tax benefit | 0 | 39M | 0 | 0 | 38M | 0 | 39M | 0 | 59M | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 616M | 0 | 361M | 0 | 315M | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 1.50B | 2.79B | 2.75B | 1.23B | 1.80B | -465M | 172.83M | 545M | -15.53M | 249M |
Investing activities | ||||||||||
Purchases Of Investments | -249M | -1.98B | -2.79B | -2.38B | -1.04B | -2.15B | -2.62B | -2.77B | -1.25B | -1.25B |
Investments In Property Plant And Equipment | -23M | -162.65M | -120M | -111M | -115.37M | -100M | -155.75M | -294M | -129.16M | -83M |
Acquisitions Net | 0 | 355.87M | -91M | 17M | 133.59M | 313M | 13.06M | -202M | 491.41M | -25M |
Cash generated by investing activities | -428M | -1.97B | -2.77B | -2.16B | -1.08B | 1.70B | 298.44M | 158M | 245.70M | -462M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 1.3B | 0 | 3M | 0 | 38M | 2M | 780M |
Payments for dividends | -441M | -315M | -162M | -265M | -459M | 0 | -537M | -494M | -359M | -216M |
Repurchases of common stock | -1M | -1M | 0 | 358M | -268M | -273M | -264M | -79M | -17.48M | -22M |
Repayments of term debt | -56M | -474M | -287M | -201M | -258M | -409M | 79M | -21M | -17M | -2.08B |
Cash used in financing activities | -498M | -778.79M | 101M | 1.19B | -995.86M | -915M | -724.50M | -555M | -376.81M | -142M |
Net Change In Cash | 533M | 69.61M | 53M | 219M | -314.87M | 291M | -337.68M | 185M | -138.46M | -386M |
Cash at end of period | 1.36B | 839.44M | 819M | 766M | 547.28M | 863M | 563.29M | 847M | 482.43M | 852M |